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Property profile & analytics
OFF-MARKET
Industrial properties
6821 150th SW St, Lakewood, WA 98439-2416
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-3224782
Property profile
Verified
Property type
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Year built
1922
Total area
1,843 SF
Lot
0.27 ac (11,761 SF)
Zoning code
IBP
APN
219221072
UPID
US90-3224782
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ngan V Le · 4 yrs held
Ngan V Le
since 2022
Last sale
$224,950
7 recorded transactions
Zoning & alternative use
IBP · Lakewood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$2,397
Tax year 2024
Assessed value
$227,500
Assessed 2024
Previous assessed
$162,200
+40.3% YoY
Effective rate
1.05%
On assessed value
Assessed land
$220,300
Assessed improvement
$7,200
Land market value
$220,300
Improvement market value
$7,200
Total market value
$227,500
Applied tax rate
760.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Status
Off-Market
Year built
1922
Heating
BASEBOARD
Stories
1
Bathrooms
1
Total area
1,843 SF
Lot
0.27 ac (11,761 SF)
Zoning code
IBP
APN
219221072
UPID
US90-3224782
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
IBP · Lakewood, WA
Zoning IBP · permitted uses
IBP · Lakewood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakewood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1922
Heating
BASEBOARD
Stories
1
Bathrooms
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Ngan V Le
Individual
Mailing address
10316 SWEET FENNEL DR, LAS VEGAS, NV 89135-2823
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2022
$224,950
Ngan V Le
Olevit Properties LLC
Warranty Deed
—
Oct 7, 2019
—
Olevit Properties LLC
—
Trustees Deed
related
$20,000 · Thornwell Amp LLC
Oct 4, 2019
$76,500
Olevit Properties LLC
Gary Anderson
Warranty Deed
$110,000 · Thornwell Amp INC
Oct 23, 2015
$45,000
Gary Anderson
Guillermo,oliver
Warranty Deed
—
Mar 17, 2014
$35,000
Guillermo Oliver
Robbins,jonathan D & Kara
Warranty Deed
—
May 17, 2012
$2,500
Jonathan D Robbins
Harborstone Cu
Warranty Deed
—
Jun 20, 2011
—
Harborstone Cu
Talon,bruce W & Chong W
Quit Claim Deed
related
—
Jun 6, 1996
$65,000
Bruce W Talon
Wong,paula B
Grant Deed
$14,758 · Seller
Jan 20, 1992
$52,321
Mac Call Robert A
Unknown
Grant Deed
—
—
—
Bruce W Talon
—
Deed Of Trust
related
$137,600 · Harborstone Cu
—
—
Bruce W Talon
—
Deed Of Trust
related
$70,000 · Harborstone Cu
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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